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's available to lead italy. he'll run for office in the upcoming election, but only for a party willing to push his agenda. >>> but he has competition in the form of sylvia berlusconi. he tells cnbc he feels a responsibility to run. >> feel the need to return to the political arena to prevent the country from being delivered into the hands of a leftist party. >> and the crowds are out, the stores are ringing up those sales, but u.s. shoppers may be running low on holiday spirit. and analysts say that they're spending less, as well. hi, everybody. welcome. merry christmas out there. thank you for joining us here on the show. what we're looking at today, we've got slightly quiet markets ahead of the u.s. open. what we're seeing, though, that all the markets are being called lower across the board stateside. the dow is being called a bit lower, nasdaq is being called a bit lower and the s&p 500 being called down by a bybit, as well. we saw markets coming off on friday stateside. pretty significant drops, as well, given that we now seem to be a clashing of heads between the republicans and the demo
a look at the bond curve. spain, this will be a good proxy for now. we'll get the ten year for italy in just a second. 35.34% is the level there. u.s. benefiting from fund flows well. choppy trade across the picture here. let's look at the italian curve before we get the results later today. we are seeing green across the board, so yields dipping before that probably has more to do with the political rhetoric we're seeing especially coming from berlusconi. under 4.6% for the ten-year and on the short and two, a bit of a rally. finally, let's close taking a look at the forex. euro/dollar is weaker. and it's holding just above 1.30. and the dollar/yen, this is the one sixuan mentioned to watch. heading into japanese elections, stocks outperform adding oots .1% to 83.35 this morning. >>> south korea's central bank may be worried about factors in the economy, but the dok says the economy is stronger than it used to be. more on that next. can i help you? i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp o
. in italy, in europe, a lot of italians are baying little red horns because little red horns ward off the so-called evil i didn't. and, then, putin is not worried at all, the russian president says he knows when the world is ending, 4.5 billion years away but he also said, today, and this is interesting, that life on earth will end before the world ends because the sun is going to turn into a little white dwarf. this has been a good crop of mushrooms this year. >>shepard: apparently. maybe he can slay a dragon. what left is nasa is left. >>jonathan: nasa made a video datelined the day after the apocalypse with this message. >> december 22, 2012. if you are watch this video, it means one thing: the world didn't end yesterday. >>shepard: it means they released it early. >>jonathan: nasa says there are no comets that will collide with the earth or nothing that will bun us up but they did it early which makes you wonder really they really are preparing and just wanted to put this out but if you want reliable evidence the world is not ending i talked to my brother in new zealand a short time ago
an eye on it, it is falling a little bit. 1.95% after a soft set of uk retail sales figures. spain, italy, moving higher, but not too much of a move there. 5.3%. and 4.4 for italy. now, forex rates, the euro/dollar and the yen has been in focus still in the last several trading sessions and that continues today. 1.3230 is the level. the yen, though, is giving back about .5% after the bank of japan's quantitative easing plans, pretty much flecting a buy the rumor, sell the fact move. now, house republicans plan to bring their tax bill to a floor vote today. this as tensions over the white house over the fiscal cliff have started to rise. it's unclear what the bill, known as plan b, will look like. house speaker john boehner has reportedly added spending cuts to convince members it will be worth the vote. president obama has threatened to veto the bill. the president says he's puzzled by what's holding up budget talkes and that house republicans should stop trying to score a point against him. >> take the deal. you know, they will be able to claim that they have worked with me over the last
. as for the action in europe, really, the action focuses on italy where there's an impending political regime change. more on that in just a moment. the road map starts at the golden arches. mcdonald's blowing out expectations for november sales after the dismal drop in the month of october. hoping to fuel the rise, the bacon/onion/cheddar sandwich. >> there's one thing for certain, taxes on top earners are going up. >> turmoil in italy. berlusconi throws his hat in the ring. retail sales numbers out of china, hoping the economy is in fact on an upswing. >> apple, enthusiasm. jeffreys trimming its price target to 800 from 900, as apple shares do trade lower in the pre-market. we'll start with mcdonald's, posting better than expected november same-store sales, global comps up 2.4. u.s. same-store sales up 2.5, offered by breakfast offerings, including that cheddar/bacon/onion sandwich, as melissa mentioned. jim? people are saying the u.s. maybe is making a turn here. >> i find mcdonald's is levered to new products, levered to menu technology. they do invent things. my hat's off to janet. they had thi
closing at 12:30. the nordic markets all closed for trades today. italy closed for trade. the smi closed for trade. we've got the ftse 1100 a couple of points higher. the cac and the ibex 35 just off marginal marginally, as well. i would like to show you what type of performance we've had on a year-to-date basis. rising somewhere in the region of 15% since the beginning of this year. you will note that we have had had a bit of a rally heading towards december. the question is whether we'll see that continue into next year. looking at a slightly broader base, the 600 index here, year-to-date higher by 15%, as well. europe's largest economy, the german market seeing some pretty significant gains as well as the dow jones stocks 50 up by 50%. so this brings its up, can it really continue next year? that's when you want to glance at barons, indicating over the weekend you could be looking at a rally. 20% next year. they singled out a number of stocks that they mentioned next year. by the way, andrew one look like one of the little elves in denmark dressed in my parents' garden. it's very swee
in personnel to maintain their strength. 14,000 served in that combat in italy. 9,000 500 received purple hearts, 21 medal of honors including senator inouye's medal of honor. and it was a remarkable time and remarkable commitment that he demonstrated to the country that he loved. i know we'll talk about his record and i may do that later myself but i just want to say what i think about daniel inouye in his core. he shared with us at prayer breakfast. we don't quote what people say at that meeting but he talked about his feeling about war and his participation in it. it was one of the most moving presentations i think any of us had seen. and it was so well received by the people there t. truth is senator inouye did not like war. he hated war. he knew the drubblingtive power of war and how people suffered as a result of it. and he voted against a number of resolutions that would commit the united states to military action. but at the same time, there was no doubt based on his ranking and chairmanship over a period of years, decades e he was a person who always at bottom could be counted on
's lunchbreak we're cooking with artichokes. which country cultivates the most artichokes? a. greece b. italy c. united states the answer still to come this midday! hi, i'm phil mickelson. i've been fortunate to win on golf's biggest stages. but when joint pain and stiffness from psoriatic arthritis hit even the smallest things became difficult. i finally understood what serious joint pain is like. i talked to my rheumatologist and he prescribed enbrel. enbrel can help relieve pain, stiffness, and stop joint damage. because enbrel, etanercept suppresses your immune system, it may lower your ability to fight infections. serious sometimes fatal events including infections tuberculosis lymphoma, other cancers and nervous system and blood disorders have occurred. before starting enbrel your doctor should test you for tuberculosis and discuss whether you've been to a region where certain fungal infections are common. don't start enbrel if you have an infection like the flu. tell your doctor if you're prone to infections, have cuts or sores have had hepatitis b have
that means but italy has its own laws as you know, probably as well as anybody. but he wants -- he'd like to continue to run the show because he feels just like mario draghi that he's been very successful and he can't let go of the reins. now i understand that. but he doesn't want to run. >> he's been very successful and he tells us about that. >> right. >> he had his july 26th surprise between him and mario draghi but in the end as you pointed out off camera he doesn't want to lose. he's not going through the process in a way where he can lose. basically if you appoint me i'll take it. >> right. >> i think president obama or any politician in the u.s. would love to have those terms up. >> right. he wants the terms. no election. i don't want that process. i don't want the feeling of rejection but i'd like to continue in this path. italy has to make a decision and i think the big money will line up behind him. we see the reactions when berlusconi was on the rise for those two days the bond market got trashed again in italy and he's been out there talking this morning anyway. >> switching g
to bring an umbrella with you. meanwhile, into greece and italy though, thunderstorm activity firing up across this area. it will start to pull off to the east. for the time being, continued to linger. the storms continue to fire up. as far as temperatures into the east, moscow, minus 14 for your high. further to west berlin, 4. a mild 8 and 9 in london and paris. here's a look at your extended forecast. >>> and that concludes this edition of "newsline." i'm keikichi hanada. we'll be back at the top of the hour. thank you for joining us on nhk world. -- captions by vitac -- www.vitac.com
't want to indicate this or that person, then everything became political. and in italy when something becomes political, and controversial, politically speaking then the only thing that you can do is to leave. but 19 years are part of my best years in my musical career. so i said, you know, to explain exactly details what happened is impossible. and the newspapers generally made a mess of the entire story because they didn't know exactly the details. they thought that the orchestra was against me but this is not true. >> not true, absolutely not true. i never had a fight with an orchestra in my life. but there were reasons outside of the artistic field that created a situation and we couldn't kmup kate any more. we had completely different ideas. >> there was no one that could have made a difference? >> no, because we mentioned before this dictator, you know, in a very delicate way. but mussolini, one time said speaking about italy, the italians said one phrase that is memorable. one phrase was interesting. they said to control it, to govern the italians is not difficult. it is imposs
's highest military medal for action in italy. as a member of the senate, senator inouye continued his fierce defense of his state in his partnership with alaska. my preye predecessor, ted steve, knew senator inouye as his brother. they worked together and produced much good for both our states. that will last for generations. when i was elected to this office, senator inouye was one of the first members to reach out to me to ask how he could help. the unique thing about senator inouye was always his quiet approach to all the issues. he provided me quiet advice and helped me learn how this place works. many times i'd be down here at the podium and in the well here waiting for the vote to be tallied or members to vote, and snon senator inouye was come in, stand at the edge there and look up and just say, how's it going, alaska? and we would have a brief conversation and usually his words were land incredible insight -- it may not even be relevant to the topic that we were voting on, but he'd say something to me about something he knew i was working on. and he would just share a few words. i kn
the road, which is rich coming from a european. >>> european trading the lower this morning. italy's prime minister mario monti, yes, the same one that is famous from all the anti-trust things back in the -- was that the '90s? >> the '90s, yeah. >> monti announcing he'll step down before his term ends. the decision comes after the party of sylvia berlusconi withdrew support for monti's government last week. berlusconi has indicated he will run for leadership again. cnbc's carolin roth will join us from italy with the latest in a few minutes. when i was over there, i had to have the -- all the political signs translated because there's a picture of monti sitting under a beach chair drinking a drink and all the text was send monti to the beach. they already didn't like him. >> he had very high disapproval ratings. i remember last summer i had seen that somewhere. >> they want to send him to the beach. the major european averages at this hour, there they, they're all down. not great in france, but germany down about .7% and the ftse down fractionally. other news out of europe, debt tieback fo
for broke regiment. he saw combat in italy and southern france and was badly wounded during an engagement for which he was awarded the distinguished service cross. which was later upgraded to the medal of honor. our highest award for military valor. with financial assistance from the g.i. bill, inouye graduated from university of hawaii and the george washington university law school. when hawaii became a state on august 21, 1959, annual in a way at one election to the united states house of representatives as a new states congressman. later elected to the united states senate in 1962, he is currently serving his eighth term in the united states and. >> in our earlier and abuse in this series, other people we have spoken to have talked about the first time they were sworn in as a member of congress. in 1959, he became the first member from hawaii. what was that like when you were first on the floor of the house of representatives? >> well, i spent some time in washington before this, as you know. i went to law school, but i've never been on the floor of the chamber. and so it was an aweso
,000 served in that combat team during the brutal combat in italy. 9,500 received purple hearts. twenty-one medal of honor is including senator inouye, met lamar. and it was a remarkable time, remarkable commitment that he demonstrated to the country that he loved. we will talk about his record and i made to that later myself but i just want to say what i think about daniel inouye at his core, he shared with a save few weeks ago at the prayer breakfast, we don't quote what people say at that meeting, but he talked about his feelings about war, his participation in it. one of the most moving presentations i think any of us had seen. it was so well received by the people there. the truth is senator scott keeter -- senator inouye did not like war. he hated war. he knew the destructive power of war and how people suffered as a result of it. he voted against a number of resolutions that would have committed the united states to military action. but at the same time, there was no doubt, based on his ranking and chairmanship of the subcommittee and defense and appropriations over period of yea
was supposed to come to market. italy, oh, my, what happens when italy -- it turns out you had to take it down. i know that john corzine, very controversial figure. that's a code word. but what a trade they almost had. in the news again today. >> almost. >> horseshoes, hand grenades. >> we should point out, gm was certainly not having the easiest of times of it. this morning's stock is up sharply, we're telling you why. the company will buy back at a premium to at least what was the market price as of yesterday, 200 million shares from the government at $27.50. that having the effect of sending the stock above that. why not, if you're gm, you've got all this cash sitting on your balance sheet. you're earning virtually nothing on it, why not take the opportunity, even at a premium, to buy it back by as much as 11%, shrinking the cap by that much. we heard from tim massad who runs t.a.r.p., they'll be dribbling out the shares over time. the next 12 to 15 months. similar to the strategy employed with citi. a bit of it coming out. and finally they cleaned it up with a few big blocks. >> that was v
should let, and italy has more forward in an expedited fashion open to a private contractor who is now providing competing service to the public sector in italy so we can look at some things that may not be successful in other countries and tried to pick the very best options. let me yield mel. >> thank you. i can only take my colleagues at his word. when we went to the central valley, one of the robot has been the lack of knowing the details. the conversation you just went through with mr. lahood, how could we expect to get an update on who these private companies are that are able to invest that come much are they willing to invest that i have heard him say the same concern for over a year now. when do you anticipate the governor would work with you to present a package of how we might be able to get the private investment? >> i'm not going to speak for the governor. this has not been determined. companies that want to invest. >> can you also expressed to the governor on half of this committee that he would give some of state whether he wants to do it through closed sessions are give
the merchants they're commenting on. >>> trial began monday in italy for superstar fashion designers. they're charged with tax evasion. they deny any wrongdoing. >>> finally, it may be the only time you smile about a story on the fiscal cliff. you need to check out this youtube video of a little boy glued to the animation used by our friends at cnbc. [ laughing ] >> that's the great thing about kids. you can leave him there for 15 minutes. he'd be all set. >>> one of the coolest down hill skating races you'll see this year. plus, bofrming legend mohammed ali receives the biggest award in boxing history. that's next. [ male announcer ] this december, remember -- ♪ you can stay in and like something... ♪ [ car alarm deactivates ] ♪ ...or you can get out there with your family and actually like something. ♪ the lexus december to remember sales event is on, offering some of our best values of the year. this is the pursuit of perfection. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only cit
senate term in 2010. inouye lost his right arm during a world war two battle in italy. he was awarded the medal of honor the nation's highest honor for valor. inouye died yesterday of respiratory complications. his office says his last word was aloha. a victory for the teen who took a stand against the makers of the easy bake oven. 13-year-old mckenna pope met with executives from hasbro yesterday. asking for an oven that's not pink or purple so that boys can use it. she says her brother wants one for christmas. well mckenna got her wish. hasbro says it will make a black and silver version of the popular oven and it will hit store shelves next fall. it also plans to change the packaging to show boys and girls on the box. just ahead the car company paying a record fine over safety violations. and, still to come this midday. executives at fast food giant mcdonald's is urging franchise owners to buck tradition and stay open on holidays. and later in lunchbreak we're making chocolate wafer whoopie cookies with the pastry chef from magnolia bakery. i was living with this all-over p
for government to keep raising the value added tax. we've seen it happened in spain, italy and greece and wherever it's tried. adam: i lived in spain a long time ago. i guess you realize you don't paying it at the time but things are more expensive. david: thank you, gang. thank you very much. thanks to the company. thanks to you for watching. now here are dagen and dennis. hi, gang. dagen: merry christmas. love to your family. david: thank you. same to yours. dagen: i'm dagen mcdowell everybody. dennis: i'm dennis neal -- kneale. dagen: is it the fiscal cliff fears that have shoppers down this season? retailers are reporting slowing sales over the last couple of weeks. dennis: a woman fired for being too attractive and a supreme court says it is legal. dagen: i will bite my tongue because it is the top of the hour and stocks now and every 15 minutes. nicole petallides at the new york stock exchange. hey nicole. nicole: i look forward to hearing more about that particular story as i watch the stock market here, i do see the dow is down about 1/3 of 1%. majority of the dow components a
at italy f-18 is half an hour, not to mentioned the drones that were already overhead. american spectator wrote this, obama's fingerprints is all over this refusal. if no one in the c.i.a. chain of command refused the aid, the failure this is has to be failure is obama's, do you buy that? >> the congress has to find that out for us but it did happen on the president's watch. he did ultimately say it was his responsibility and he could have said that earlier. there is so many questions that we still have so many months after and we don't have the perpetrators. >> gregg: should the president testify? >> that is not common. >> gregg: it's happened before? >> it's possible and rare. these people that work in the white house generally don't come before congress. this is what congress is supposed to do oversight. >> gregg: back to the report and the failure to provide the security that had a been requested at benghazi missions. put it up on the screen. eric boswell forced to resign, charlene lamb forced to resign. documents show lamb is the one who denied repeated requests for additional securi
of headwind from overseas, political shakeup in italy and sharply slowing down chinese export growth, keeping u.s. traders on edge not to mention the vagaries of the fiscal cliff. markets move with progress or lack of progress as the case may be. the congressional budget office says we could be back in recession the first half of next year if a deal is not reached. those are things they're watching. >> mandy drury at the new york stock exchange, thanks. >>> someone sign this kid up. this is christian balkner, giving the tampa bay buccaneers cheerleaders a run for their money. check him out. ♪ >> he is good. they call christian little steer, named after the mascot captain steer. in case you're wondering, yes, he can definitely teach you how to dougie. he is good. >> who are you talking about? oh, there was a little boy there also? >> nice, matt. >> when you said check this out, these guys -- >> in about eight years, that kid will be not be -- >> turning around a lot. >> al roker has your forecast. al? >> thank you so much. we've been talking about this system. first of all, it dumped a ton o
my stay both in aleppo and italy you see every day, especially if you could to center aleppo, it is bombing. it is a warm toward situation -- war torn situation. different italians were able to unite. one of the first issues was to get them out of the city. it is much more likely that you get bombed. based on they got bombed. -- later on they got bombs. the first challenge is that the city has to be able to defend themselves. how are they going to be able to sustain anything meaningful? >> this is a very good question. whether or not the civilian efforts are sustainable, it depends on whether or not the civilians are empowered to meet the needs are not. i work with a supreme assembly. what i know about the council is not based on my filtered to allow bela lot of. -- based on my relationship with aleppo. one of the main challenges they are facing is this empowerment components. they have ambitious projects. in the security committee in of did not want the fsa to control the liberated areas. to do this they appointed a brigadier general. i met with him. he wanted to start a com
and italy. the boreses and footy 100, the xetra dax, this has been the outperformer up in the range of 30%. another .3% after the ifo out of germany. came in better than expected. again, a good sign for growth. not necessarily, though, for those who would like to see a weaker europe. the ibex 35 adding 1.3%. and the nikkei, as you mentioned, up above 10,000 for the first time in eight months. adding 2.4%. better hope the moves in the japanese government or bank of japan pan out. we'll get the bank of japan's decision tomorrow. but this comes on the day when, remember, it's on the weakening of the yen which we can show you on hopes that that will help the japanese corporate sector. remember, we saw export figures showing a drop of 20% in exports to the use. 15% to china. again, there's a lot of expectation built to this. the aussie/dollar remains the underperformer as we continue to evaluate china's internal rebalancing. now the sterling is stronger, the dollar/yen you already mentioned. and the euro/dollar to get back to the point about the ifo survey is adding .3% to 132.-- 1.3274. we ge
that conviction and says he is considering running again for prime minister of italy. the syrian regime can and will deploy chemical weapons on its own people unless other nations step in. that's the word now from a former syrian general who now leads the rebels. plus, investigators say this beauty queen died after a shootout in mexico and they have now linked one gun at the scene to the failed operation fast and furious. plus, the latest winter storm could throw a huge wrench into travel plans across several states. we'll tell you where it is headed and how much it's about to dump as we approach the bottom of the hour and the top of the news as fox reports live tonight. and 320 calories. marie callender's. it's time to savor. what starts with adding a friend... ♪ ...could end with adding a close friend. the lexus december to remember sales event is on. this is the pursuit of perfection. the lexus december to remember sales event is on. hey, yo, check out this chef, right? right? that's so gay. that's really gay. dude, look at those pants. please don't say that. what? don't say that somet
inouye lost his right arm in italy and received the medal of honor for his service. daniel inouye died on monday at walter reed military medical center. he was 88 years old. and i want you to watch these pictures. >>> i have some news just into cnn about the attorney general eric holder. we are finding out now the attorney general is set to head to newtown, connecticut, today after meeting with vice president joe biden at 1:00. but don't expect to see him. this is not a public event. the attorney general has scheduled to apparently meet with some of the law enforcement officials in that town and then also with some of the first responders who were the first people to enter the sandy hook elementary school and discover the carnage there that ended up being the loss of 20 children and six adults in that school and then, of course, the mother of the killer who was shot in her bed and the killer himself. the attorney general apparently is not traveling with any other senior justice officials to newtown. he will also not be attending any of the funerals or the memorials. and again, you will
. >> we start this morning with breaking news from italy. >> a massive cruise ship, the costa concordia turned on its side. 32 passengers and crew were killed. the captain says it was an accident and not a crime. he faces charges. >> he's being investigated for manslaughter and abandoning ship. >> he claims he tripped and fell into a lifeboat. the sentencing of jerry sandusky. >> carol, jerry sandusky will die in jail. >> a judge sentenced the 68-year-old former penn state assistant football coach to at least 30 years in jail after he was convicted of 45 counts of child sex abuse. despite the mountain of evidence against him, sandusky continues to proclaim his innocence. he's in the process of aappeppeg his sentence. number three, the shooting of unarmed 17-year-old trayvon martin. >> my son left sanford, florida in a body bag, while george zimmerman went home to go to sleep in his own bed. >> aaccused gunman george zimmerman claims self-defense in a case that sparked international outrage and ignited racial tensions. trial is set for june. number two. >> we need rescue inside the audit
on wall street. but investors were cautioning. and italy's prime minister, mario monty, resigned. wall street is expecting the worst bonus season since the financial crisis of 2008. the average bonus will decline 16 1/2% from last year, to just over $100,000. and about one in five wall street workers won't get a bonus at all, as banks and investment firms continue to struggle in a tough economy. sales at mcdonald's rose in november, as u.s. brought more breakfast items and its new cheddar bacon onion sandwiches. drivers are getting some relief at the gas pump. according to the lundberg survey, a gallon of regular unleaded costs average. $3.46 nationwide. and retailers are acquiring holiday help in record numbers. retailers a added, 465,500 seasonal workers in november as they wrap up for the holidays. that's barely surpasses a previous record set in 2005, just before the financial crisis. that's your money watch. for more, head to cbs money watch.com. >>> a bald eagle is going to be okay, thanks to the quick thinking of two fort myers resident
with the famous 442nd regimental combat team in world war ii and was grievously wounded in battle in italy. now, mr. president, the citation, the words for his medal of honor are as follows -- every medal of honor recipient, they write a paragraph or two about why he was given this award -- "on april 21, 1945, inouye was grievously wounded while leading an assault on a heavily defended ridge near san turazo in tuscany, italy. the ridge served as a strong point along the strip of german fortifications known as a gothic line which represent the last and most dogged line of german defense in all of italy. as he led his platoon in a flanking maneuver, three german machine guns opened fire from covered positions just 40 yards away, pinning his men to the ground. inouye stood up to the attack and was shot in the stomach. ignoring his wound, he proceeded to attack and destroy the first machine gun nest with hand grenades and fire from his thompson sub machine gun. after being informed of the severity of his wound by his platoon sergeant, he refused treatment and rallied his men for an attack on the se
carter to visit italy with the delegation, members of congress, italian american members of congress, and we went there to deliver assistance from the dwrites government after an earthquake in southern italy. and one of the village we visited there was a rehearsal for first commune ongoing on in the church. so just about every 7-year-old in the village was in church practicing for first holy commune on. when the earthquake hit, the -- communian. when the earthquake hit, the roof came down, every 7-year-old in the village was gone. it was impossible to console the people there. not only had they individually lost their child, which is unthinkable, but the whole town had lost that class, their future, their new growth, their hopes, their babies. their babies. so how -- and that really frmpled my thinking about how fragile -- transformed my think being how fragile life is. this was a natural disaster. what happened in newtown was a personal decision about someone whose judgment was thoroughly impaired, who had -- how could he do this? how could he do it? because he had his own problems.
. >> the european markets are closing now. >> remember yesterday and all that concern we had about where italy might go with the resignation of mario monti. greece is higher. por sh gal is higher. spain is higher. it's a good day for -- investor sentiment.strongly it was revealed today. optimism over what the fed is going to do in the united states tomorrow. optimism there will be a deal on the fiscal cliff. you have optimism that the recapitalization of the banks is going to be delayed by another year according to the bank of italy. and you have optimism as well on mar of election promises as we now face the pros wekt of a much earlier election in italy. to that end it is fascinating. sylvia berlusconi has come out today warning about the germano center of politics. in other words, too much of a focus on what is happening from germany and the austerity inspired by angela merkel. in particular, he is drawing attention to this. which is the spread of the extra that investors demand to hold italian bonds over german bonds. i've shown this to you a couple times. over the last year it's been a mainstay
of comments about what happens happening in europe and the need to liberalize the taxi systems in italy and so forth. are you comfortable with the system you have now in new york? i understand the medallion changes hands for $800,000. so you have a few people who control a lot of these licenses. who are creaming off most of the profits. then you have often first generation immigrants who are tearing around on the street 12-hour days trying to make a living? is that fair? >> medallion now trades for $1 million. so i think that does prove your point in a sense. look, we are -- the biggest issue in new york city is outside the core service area in midtown, downtown manhattan. mayor bloomberg has gotten legislation out to let us create a whole separate class of taxis that will operate in the boroughs. we do need more cabs. that $1 million price -- >> did it get approved? >> the governor signed it, the taxi owners, they have a lot at stake. they've sued and it's in court now. we're going to get a final decision by may or june. i'm sure we're going to win and put the new meltions on the street. >> d
stocking suffer, the last headbangers". a dream cruise to italy pass injuries are fired up when they're sick. and stressful? i was at the mall. we're talk about the biggest pet peeves this time of the year. ♪ this christmas fire side blazing bright ♪ ♪ we're carolling through the night ♪ ♪ and this christmas ♪ axiron, the only underarm treatment for low t, can restore testosterone levels back to normal in most men. axiron is not for use in women or anyone younger than 18. axiron can transfer to others through direct contact. women, especially those who are or who may become pregnant, and children should avoid contact where axiron is applied as unexpected signs of puberty in children or changes in body hair or increased acne in women may occur. report these signs and symptoms to your doctor if they occur. tell your doctor about all medical conditions and medications. do not use if you have prostate or breast cancer. serious side effects could include increased risk of prostate cancer; worsening prostate symptoms; decreased sperm count; ankle, feet, or body swelling; enlarg
laws are in progress in italy as well. in switzerland after a campaign designed to appeal to fears of a muslim takeover, a popular referendum voted by 57% to ban the construction of minarets associated with mosques, despite the fact that very few mosques in switzerland actually have minarets, there are only four minarets and the whole country on of 150 mosques and in consequence the architectural issue is clearly symbolic. in july of 2011, terror struck northern europe. murdered approximately 76 people in twin attacks bombing barbara and -- government buildings and shooting young representatives of the labor party who had gathered on the island for a youth camp. he confessed to the crimes but claims that he is not at fault, at least on the day of the attacks, 1500 page manifesto in which he outlined a series -- a theory supporting his actions based on the idea that europe must fight against the surge of islam, he evidently has ties with a variety of anti islamic movements. i go into that in the book. in the u.s. the legal side is somewhat better owing to our long constitutional her
of the year and honored with that last year? >> honestly, i tell everybody that i was a big star in italy. it was amazing. the last month and a half it was a quarter of a million dollars for my own charity, which is amazing. and a new program this year, which is my passion, as you know, feeding the kids, but now it is time to move out of motel family from one room to a two-bedroom apartment. an up-to-date we have already moved 21 families. >> reporter: 21 families living in hotels now have a place to call home. bruno, i have to give you a high five on that one, that's good stuff. these types of stories like bruno's will be mirrored so many times on stage tonight here at heroes. this is one of the really -- i cover so much here in hollywood, so many award ceremonies, but this is the one you come out of with a smile on your face, you feel empowered and feel inspired. and it just makes you feel good, doesn't it? >> i have to say, ciao, momma! >> bruno is an amazing chef. there are some hungry adults here and we'll take his food as well because we love it. thank you so much, bruno and michell
. the two met in a hospital in italy in the 1940s and senator inouye often credited his republican friend with getting him into politics. former senator elizabeth dole kissed her hand and touched the casket then senator bob dole saluted his old friend and colleague one final time. [ male announcer ] you are a business pro. executor of efficiency. you can spot an amateur from a mile away... while going shoeless and metal-free in seconds. and you...rent from national. because only national lets you choo any car in the aisle...and go. you can even take a full-size or above, and still pay the mid-size price. now this...will work. [ ale announcer ] just like you, business pro. just like you. go naonal. go like a pro. [ male announcer ] with free package pickup from the u.s. postal service the holidays are easy. visit usps.com. pay, print, and have it picked up for free before december 20h for delivery in time for the holidays. you can even give us special instructions on where to find it. free package pickup. from the u.s. postal service. because it's nice to have an extra pair of hands around
military. that says it all. after being gravely wounded in italy, his arm was amputated. he spent 21 months recuperating from his wounds at an army hospital in michigan. future majority leader bob dole, another young gi, who had been also wounded in the european theater, and he told senator inouye he wanted to go to law school and go to congress. bob dole was elected to congress one year after senator inouye. senator inouye always joked, "i went with the dole plan, and i beat him. " he has been a soft and powerful voice. although he was an unabashed progressive democrat, he always put his country first and his party second. dan was a vital presence in the senate, and in death, he will remain a legend. his last words on earth, "aloha," and it is with a heavy heart that we did him aloha, we love you, to a legend of the senate, daniel inouye. -- we bid him aloha. >> good morning. on behalf of the united states house of representatives, i extend condolences to his family, colleagues, and constituents. in late 1963, a young freshman senator stood under the splenda dome, as we do now, in vigil an
in their economy, if not a recession. >> yes. you can see it in italy. you can see it in japan. the reason for that is that the number of workers supporting the proportionate number of retirees to ross over time. there simply is not as much money being kicked into a system. stuart: japan has a far bigger debt than any european country and far bigger than the united states. i think that is true as a proportion of the gdp. >> when you add all the debt to gather, the figure is far higher. in fact, it is closer to 500% of gdp. stuart: hold on, let's get back to america. we have a lower birthrate. the loss in american history. but don't we also have mass immigration, which makes up, i think, for a lower birthrate. our population still experience. we are nowhere near the japan issue, really. >> this is the beginning of another step that reinforces the fact that we are headed down the same path. japan has had eight failed fiscal stimulus programs. we have had three or four, depending on how you count them. at what point, do we stop in washington and say we may have a fundamental problem here. the
to the private sector which is, i think, something we should look at. and, actually, italy has moved forward in the an expedited fashion open to private contractor ferrari which is now providing -- it's not planned -- they're now providing competing service to the public sector in italy. so we can look at some things that may be successful in other countries and try to pick the very best options. but have you on the record today supporting both the financing of the construction -- >> totally. >> i'm pleased to hear that. let me yield now if i may to ms. richardson. >> thank you, mr. chairman. i can only take my colleague, mr. denham, at his word. when we went to the central valley and he echoed the same today that one of the road blocks that's been for him has been the lack of kind of knowing the details as a colleague. and so the conversation you just went through with from lahood, how soon could we expect to get an update on who those private company -- who these private companies are that are able to invest, how much are they willing to invest, and how soon is this going to come together?
ready with unlimited support for spain and italy, when and if they sign on to oversight agreements. these are huge dramatic changes. think about how many times we've agonized over where the money would come from for bailing out spain and italy. now we know. when they sign on to oversight. >> the point is we know -- we know what the policy response already is by the ecb and the feds. so what is going to be the next catalyst to keep the markets to those new highs you're talking about? >> the next big catalyst is obviously the fiscal cliff resolution, second, you have spain sign on to oversight from the ecb. remove any possibility of spanish default and we think that lagarde is signaling that the conditions to that oversight will be a lot about labor market reforms. those are growth enhancing, so that's another great catalyst for the market. last, but certainly not least, i think you could see the new leadership team in china come more aggressive reform program than people are expecting. >> all right. michael, good to have you. >> thank you so much. >> michael jones of riverfront. >>
plunged across northern and central italy and snow has blanketed switzerland. serbians are struggling with brutal weather as residents cross snow covered streets and cars try to maneuver slippery roads. >> in our 11 insta-weather plus forecast with ava marie. >> what a different story here as we're seeing rainfall across the metro area. a live look from skycam right now. it was foggy earlier on and the rain has picked up, helping clear the fog. you can see the rain drops on the camera. something to watch out for if you're going out this morning. dealing with fog and rain drops, as well, making the roads slick this morning. on the radar, scattered showers along the baltimore metro area including around the beltway, parts of 95 and 83, as well. west of us, the rain is more wide spread and heavier, as well, especially as you see yellow shading west of gathures burg, hagerstown, as well. this will be shifting north and east throughout the day so rain could be picking up in baltimore the next couple of hours. zooming out right now, a stationary front sitting over us. i was talking about th
overseas. the french tax authority removed computer files in italy. the tax police searched the come numbers milan offices. they say they don't believe they are paying their fair share of tax. that may or may not be true. but if it's legal how much can they do? >> reporter: it's perfectly legal. they investigated various companies and put pressure object them from a public relations standpoint. starbucks, for example, they weren't forced to hand over money but they were pressured into making a special payment of $10 million pounds, $16 million to the british chancellor of the exchequer. they did it for good p.r. maybe something similar will happen with google. they don't have to pay. they have done perfectly legal stuff. megyn: he reportedly turned down being treasury secretary, or the new secretary of business. he says it's called capitalism. we are proud to be capitalistic and i'm not confused about it. he helped america hint down usama bin laden. but now the family of this pakistani doctor say he's being tortured in a pakistani prison. the question is why are we not doing more to
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